Cheap Apartments for Rent in the South Mountain Highland Terrace Neighborhood of Phoenix, AZ from $600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Mountain Highland Terrace area of Phoenix.

Ascent on Broadway

Victory Place I-IV

Sunrise Vista

5615 S 5th St

Mountain Vista

Rancho Montanas Senior Apartments

Paradise Palms II
Phoenix's Best Affordable Neighborhoods
Learn about Phoenix and the best places to live with original content written by our Local Expert Andrew Jollett

2254 W Southern Ave

4301 S 7th Ave

Vista Ridge Apartments

The Pointe at South Mountain

9605 S 48th St

11025 S 51st St

1623 E Wood St

Carlyle at South Mountain

Monte Vista Apartments
South Mountain Highland Terrace, Phoenix, AZ Local Guide

How much does it cost to rent an apartment in South Mountain Highland Terrace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Mountain Highland Terrace Studio Apartments | $1,026 | $720 | $1,559 |
South Mountain Highland Terrace 1 Bedroom Apartments | $1,481 | $669 | $4,069 |
South Mountain Highland Terrace 2 Bedroom Apartments | $1,670 | $926 | $4,490 |
South Mountain Highland Terrace 3 Bedroom Apartments | $2,019 | $1,069 | $4,084 |
South Mountain Highland Terrace 4 Bedroom Apartments | $2,060 | $1,607 | $2,665 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the South Mountain Highland Terrace Neighborhood of Phoenix, AZ.
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South Mountain Highland Terrace, Phoenix, AZ Local Guide
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Cheapest Available South Mountain Highland Terrace Apartments for Rent
 The cheapest available apartment rental in the South Mountain Highland Terrace area of Phoenix, AZ is a 1 Bed unit found at Paradise Palms I priced from $669. Victory Place I-IV has the second lowest priced unit, which is a Studio apartment currently listed from $720. Here are the most affordable South Mountain Highland Terrace apartments for rent in Phoenix, AZ:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Paradise Palms I | 1 Bedroom | 1BR,1BA | $669 |
Victory Place I-IV | Studio | Studio,1BA | $720 |
Ascent on Broadway | Studio | Studio,1BA | $720 |
Sunrise Vista | Studio | Studio,1BA | $800 |
Elevate @ South Mountain | A1 | Studio,1BA | $875 |
The Molino Apartments | Studio 315sqft | Studio,1BA | $899 |
Mountain Vista | Country Style | Studio,1BA | $973 |
Rancho Montanas Senior Apartments | A2 | 2BR,2BA | $1,002 |
Monte Vista Apartments | 1 x 1.5 (687 sq ft) | 1BR,1BA | $1,049 |
Apex on Central | ap-11u | 1BR,1BA | $1,049 |
Best Value Apartments for Rent in South Mountain Highland Terrace, AZ
As of April 12, 2025 the best value apartment in the South Mountain Highland Terrace area is the $1.46 price per square foot 4 Bed/2 Bath Model at Banyan Preserve in the in the South Phoenix neighborhood starting from $2,649. The second greatest value South Mountain Highland Terrace apartment is the Alpine - 2 Bedrooms 2.5 Bathrooms Model at Elevation Townhomes starting at $2,145 with a $1.21 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for South Mountain Highland Terrace apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Banyan Preserve | 4 Bed/2 Bath | 4BR,2BA | $1.46 |
Elevation Townhomes | Alpine - 2 Bedrooms 2.5 Bathrooms | 2BR,2.5BA | $1.21 |
Stone View on 7th | D2 | 4BR,2.5BA | $1.45 |
Raymond Place Townhomes | 4 bed 2.5 bath | 4BR,2.5BA | $1.42 |
Colonia Del Sol Apartments | Violetta | 3BR,2BA | $1.42 |
Rancho Montanas Senior Apartments | A2 | 2BR,2BA | $1.01 |
Somo Lofts | Standard | 2BR,2BA | $1.46 |
Paradise Palms II | 1 Bedroom | 1BR,1BA | $1.51 |
Paradise Palms I | 1 Bedroom | 1BR,1BA | $0.96 |
Victory Place I-IV | Studio | Studio ,1BA | $1.50 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleSouth Mountain Highland Terrace, Phoenix, AZ
Ranked #43
Among neighborhoods in Phoenix, AZ for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Mountain Highland Terrace, Phoenix, AZ
John F Kennedy Elementary School
South Mountain High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in areas across the United States including South Mountain Highland Terrace, Phoenix, and the greater Phoenix area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap South Mountain Highland Terrace Apartments
What is a cheap apartment in South Mountain Highland Terrace?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Mountain Highland Terrace is under $1,049.
What is the price of a cheap apartment in South Mountain Highland Terrace?
The cheapest apartment in South Mountain Highland Terrace is Paradise Palms I which is listed at $669, while the average apartment in South Mountain Highland Terrace costs $2,900.
What types of apartments are the cheapest in South Mountain Highland Terrace?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 29 regular apartments in South Mountain Highland Terrace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in South Mountain Highland Terrace?
Cheap apartments in South Mountain Highland Terrace have an average cost of $335 which is $2,565 cheaper than the average rent for all rentals in South Mountain Highland Terrace.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Experts Guide to the Top 10 Budget Friendly Neighborhoods in Phoenix, AZ
Written by: Andrew Jollett
I'm Andrew, your ApartmHomeLiving.com local expert for Phoenix. My earliest memories of Phoenix date back to the mid-2000s when 2 of my sisters moved there (one for work and the other for school).

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.